With UpToMore, in Belgium you do not pay stock exchange tax (TOB) on deposits or withdrawals, no withholding tax on investment income, and no annual tax on securities accounts for your investments. As far as we know, that is fairly unique.

The only tax you may have to deal with is capital gains tax, and we help you with that. You will receive an overview from us of your realized capital gains, which you can simply copy into your tax return yourself. You only pay tax if you exceed your exemption (€10,000 at the time of writing). See also this article.

We automatically report your opening balance and closing balance to the Dutch Tax Administration. In addition, at the beginning of the year you will receive a financial annual statement from us with your opening balance, closing balance, and actual return (from tax year 2026 onwards), so that you can also easily report your actual return to the Tax Administration if you wish.

The 2025 financial annual statement was sent by email on 27-02-2026.

Also read this article.